Podcasts about what every real estate investor needs

In this episode of the Jake and Gino Podcast, Jake Stenziano and Gino Barbaro delve into the intricacies of real estate investing with seasoned expert Frank Galanelli. Frank shares insights from his decades of experience, discussing the evolution of the real estate market and his journey from an accidental author to a revered figure in the industry.He reflects on how technological advancements have transformed real estate data analysis and emphasizes the enduring importance of understanding the numbers behind the deals. The conversation also covers essential real estate metrics like cash flow, debt coverage ratios, and the significance of conducting thorough due diligence.Key moments include Frank's recount of how a call from a McGraw Hill editor led to his best-selling book, "What Every Real Estate Investor Needs to Know About Cash Flow," and his tips on avoiding common pitfalls in real estate investing. The hosts also explore the balance between leveraging technology and maintaining personal connections in the industry, highlighting the need for emotional intelligence in successful real estate transactions.For more insights and educational resources in real estate investing, visit Frank Galanelli's website and explore his range of books and courses. Stay updated with more episodes on the Jake and Gino YouTube channel: https://youtube.com/@jakeandgino. Learn more at https://jakeandgino.com.Chapters00:00 - Intro01:12 - Inspiration Behind Writing My Real Estate Book05:32 - What Has Changed in Real Estate Over the Last 15 Years?11:39 - Exploring AI in Real Estate20:51 - Key Numbers to Focus On38:19 - Important Resources That Can Help44:44 - How to Start in Real Estate Investing If You Think You Can't47:07 - Gino Wraps It UpTags: Real Estate Investing, Frank Galanelli, Cash Flow, Investment Metrics, Real Estate Technology, Jake and Gino Podcast We're here to help create multifamily entrepreneurs... Here's how: Brand New? Start Here: https://jakeandgino.mykajabi.com/free-wheelbarrowprofits Want To Get Into Multifamily Real Estate Or Scale Your Current Portfolio Faster? Apply to join our PREMIER MULTIFAMILY INVESTING COMMUNITY & MENTORSHIP PROGRAM. (*Note: Our community is not for beginner investors)

★ Join Our Investor Club ★   https://forms.gle/AEpWgPg7krd8YzPU8Want investment opportunities that align with your goals? At Birch Prosper, our team considers your unique criteria to identify the best opportunities. Let's start the conversation! Just go to: https://calendly.com/birch-prosper/intro-meeting-15-min-clone--Don't miss this episode where guest Wakefield Li and I unpack the benefits to understanding deal analysis and deal structure! --About the guest:Wakefield is the Principal of Meridian Real Estate Partners. He has 11 years of experience in commercial real estate at the institutional level having worked with large firms, such as PwC, CBRE, and Marcus and Millichap. Wakefield has direct industry experience across all major property types including multifamily, industrial, office, and retail. He's been involved in the acquisition, disposition, and asset management of properties valued at several billion dollars. Wakefield's MBA from the USC Marshall School of Business has furthered his capabilities and knowledge in real estate, strategy, and leadership.Connect with Wakefield:Email: wakefield@meridianrepartners.comWebsite: https://meridianrepartners.com/ Episode Highlights:✔️ The impact of the availability of financing on CRE asset classes✔️ The 3 most common valuation/appraisal methodologies used in real estate: (1) cost approach, (2) sales comp approach, (3) income approach✔️ Why forced appreciation is the “secret sauce” behind the multi-family investing industry✔️ Underwriting metrics that characterize the quality of an investment✔️ Common examples of investment waterfall structures 

For today's episode, we have one from the vault! Dan and Anthony are going to dive into the 10 best real estate investing books.We've read literally a lot of books out there on the subject of real estate investing. These are the 10 best + 1 bonus. The audible version Passive Investing Made Simple: How to Create Wealth and Passive Income through Apartment Syndications is LIVE!! Sign up for Audible Free Trial[00:01 – 09:47] Bad Investing Advice: Debt Is The Enemy![09:48 – 13:51] Book #1: Rich Dad Poor Dad[13:52 – 16:40] Book #2: The Millionaire Real Estate Investor [16:41 – 18:31} Book #3: Rich Dad Advisors: ABCs of Real Estate Investing[18:32 – 20:39} Book #4: Rich Dad Advisors: The Advanced Guide to Real Estate Investing[20:40 – 22:23} Book #5: The Book on Managing Rental Properties[22:24 – 26:10} Book #6: What Every Real Estate Investor Needs to Know About Cash Flow[26:11 – 29:21} Book #7: Rich Dad Advisors: Tax-Free Wealth[29:22 – 31:02} Book #8: Best Ever Apartment Syndication Book[31:03 – 32:49} Book #9: Raising Capital for Real Estate[32:50 – 36:06} Book #10: Passive Investing Made Simple[36:07 – 39:52] Closing With Book RecommendationReal Estate Finance and Investments Risks and Opportunities"I really want to drive this home the telling your brain that you can't do something versus asking your brain, How would I do? This is such a game-changing mindset shift." – Anthony Vicino"Still, like ABC's is the shallow end of the kiddie pool, and advanced is the deeper side, but it's the same pool, so it's going to feel like a lot of the same stuff." – Anthony Vicino

Today's Flash Back Friday Episode is from Episode #9, which originally aired on February 23, 2014. Frank Gallinelli is a nationally recognized real estate expert, bestselling author of multiple books on the subject of Real Estate, a professor in real estate analysis at the prestigious Columbia University and the founder of Real Data, Inc. – a software solutions provider to real estate investors and developers. In this interview, Frank walks us methodically through the process of how to effectively analyze and evaluate your real estate deals with laser accuracy. And as an added bonus – Frank will be giving away an autographed copy of his bestselling book “What Every Real Estate Investor Needs to Know About Cash Flow” to one very lucky listener. To find out how to enter into the contest, you'll have to listen to our interview with Frank. Learn About Investment and Partnership Opportunities with Kevin and His Team  Recommended Resources:  Check out our company and our investment opportunity by visiting www.SunriseCapitalInvestors.com Self Directed IRA Investment Opportunity – Click Here To Learn More About How You Can Invest With Us Through Your SDIRA Accredited Investors Click Here to learn more about partnering with me and my team on Mobile Home Park deals! Grab a free copy of my latest book “The 21 Biggest Mistakes Investors Make When Purchasing their First Mobile Home Park…and how to avoid them MobileHomeParkAcademy.com Schedule your free 30 minute "no obligation" call directly with Kevin by clicking this link https://www.timetrade.com/book/KV2D2

Brad Milburn is a multifamily real estate sales agent in San Diego, CA. Real estate investor and former Navy SEAL. Let's tune in to his story! [00:01 - 09:33] Unlock Limitless Achievement Through Real Estate Fortune Cribs helps investors buy short-term rentals and select markets across the country for as little as 10% down with no cash on cash returns in the 20-30% range. Go to FortuneCribs.com and book your free consultation now! The importance of having good broker relationships in order to get the best deal The most attractive aspect of the industry - no limit to what you can achieve Brad gives tips on how to become an expert cold caller [09:34 - 18:35] Practical Tips to Leverage in Deals The key is to get the person on the phone and try again Off-market offers could work if the seller was motivated by other reasons Considering investment goals to get the most out of the transaction Investors and brokers look at the size of the unit and not the number of units Essential questions to ask the seller - get into the details [18:36 - 30:46] Keys to Networking and Better Relationships Want to know the best-kept secret when it comes to investing in single or multifamily flips? Hire an interior designer. Elevate your design, reconfigure your floor plans and develop functional spaces all to maximize your ROI. Just reach out to Melanie at melanierene@gmail.com. The pros and cons of off-market deals Familiarity with the buying process is key [30:47 - 41:15] The Legacy Round Some beginning sacrifices can be made in order to achieve long term gains The value of sticking with the process and following through Understand the concepts of capitalization rate and debt coverage ratio Brad's recommendations: What Every Real Estate Investor Needs to Know About Cash Flow by Frank Gallinelli Rich Dad Poor Dad by Robert T. Kiyosaki Best Ever Apartment Syndication Book by Joe Fairless The Multifamily Millionaire by Brandon Turner and Brian Murray BiggerPockets Podcast Best Real Estate Investing Advice Ever Podcast [41:16 - 42:30] Closing Segment Connect with Brad on Linkedin. Check out his website! Shoot them an email at BRAD@THEBROWARGROUP.COM. Thanks for listening to Multifamily by the Slice! If you liked our show, please LEAVE A 5-STAR REVIEW, like, and subscribe! --- Send in a voice message: https://anchor.fm/ikedre/message

103. 10 Things You MUST DO to Get Started Investing In Real Estate Books We Talk About: Building Wealth One House at a Time  All of Brandon Turners Books are great. What Every Real Estate Investor Needs to Know About cash flow  The Millionaire Real Estate Investor  The ABCs of Real Estate Investing  Mindset: Rich Dad Poor Dad Real Estate Episodes:  From Flipping Couches to Flipping Houses With Ryan Pineda 21 Ways to Invest in Real Estate (8 Ways are Completely Passive!) House Hacking: How to Live Rent Free (Seriously!) 5 Ways Rental Properties Will Make You A Real Estate Millionaire How to Buy a House (and Have Instant Equity) FREE GUIDES: ============== -Check out the free guide on where to put your money in what order!  https://www.mastermoney.co/stairway-to-wealth -Here is the free How to Ask for A Raise ebook! https://www.mastermoney.co/get-a-raise-ebook -Get Access to the 75 Day Challenge: https://www.mastermoney.co/75daychallenge  ============= We have a YOUTUBE channel! Check it out here!  Our Latest Videos:  5 Index Funds to Hold for Life!  What Would Happen If You Maxed Out Your Roth IRA By Age?! (These Results Will Amaze You!) How to Become a Millionaire With a Small Amount of Money (Is it Really This Easy!?) ============ Got questions? Ask me on Instagram Here. @mastermoneyco This is the fastest way to get in touch with me.  ============ Sponsors:  Thank you to Better Help for sponsoring the show! Check them out at betterhelp.com/pfp Thanks to Policygenius For Sponsoring the show! Check them out a Policygenius.com Thanks to Mint Mobile for supporting the show! Cut your phone bill to $15 a month by going to https://mintmobile.com/pfp Thanks to Ladder for Sponsoring the Show. Go to Ladderlife.com/pfp Thanks to Fundrise for Sponsoring the show! Invest in real estate for as little as $10 by going to fundrise.com/personalfinance Thank you to Hello Fresh for sponsoring the show! Go to Hello Fresh and use code PFP16 for 16 free meals and 3 free gifts.  Thank you to Ourcrowd for sponsoring the show! Check them out at ourcrowd.com/pfp   ============ Want to Support the Show? Follow on Spotify or Follow and Leave a 5-Star Review on Apple Podcasts! ============ Check out all the Stuff I Recommend!  USEFUL RESOURCES: Best Place to Open a Roth IRA: https://m1finance.8bxp97.net/5vzD1 My Favorite Free Net Worth and Budget Tool: https://fxo.co/905L Best High Yield Savings Account: https://bit.ly/3HpPjAr  Get a $10 Free Bonus with Acorns: https://bit.ly/3lV0LLE Best Bank and Debit Card for Kids: https://bit.ly/3pJeI09  Get $5 Free Bitcoin at Coinbase: https://bit.ly/3oIQOml Best Credit Building Tool: https://bit.ly/3rmBuwZ  Best Personal Finance Books: https://kit.co/MasterMoney/best-personal-finance-books  ============ DISCLAIMER: I am not a financial adviser. This Podcast is for educational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am sharing my opinion.  AFFILIATE DISCLOSURE: Some of the links on this channel are affiliate links, meaning, at NO additional cost to you, I may earn a commission if you click through and make a purchase and/or subscribe. However, this does not impact my opinion. ============ Check us out on social fam!  Twitter Dollar After Dollar Instagram www.thepersonalfinancepodcast.com www.dollarafterdollar.com www.mastermoney.co Learn more about your ad choices. Visit megaphone.fm/adchoices

Christopher Nelson is a technology executive, author and investor. Today Christopher teaches us how he turned a big liquidation event from an IPO and turned it into cash flowing real estate. Guest bio Christopher Nelson is an experienced technology executive taking 2 different companies from start ups to IPOs. He's also a real estate investor, author, and co-founder of Wealthward Capital, a real estate investment firm with a diverse portfolio of over 3,000 multifamily units, mobile home parks, and ATMs. Guest links How to get rich without getting lucky by Naval (Video): https://www.youtube.com/watch?v=1-TZqOsVCNM How to get rich without getting lucky by Naval (Tweet Storm): https://twitter.com/naval/status/1002103360646823936 Thrive Community: https://www.thrivecommunity.fund/ Christopher's LinkedIn: Wealthward Capital: https://www.wealthward.com/ Book recommendation: What Every Real Estate Investor Needs to Know About Cash Flow Frank Gallinelli Can't Hurt Me - David Goggins

For today's episode, we are going to dive into the 10 best real estate investing books.We've read literally a lot of books out there on the subject of real estate investing. These are the 10 best + 1 bonus. The audible version Passive Investing Made Simple: How to Create Wealth and Passive Income through Apartment Syndications is LIVE!! Sign up for Audible Free Trial[00:01 – 09:47] Bad Investing Advice: Debt Is The Enemy![09:48 – 13:51] Book #1: Rich Dad Poor Dad[13:52 – 16:40] Book #2: The Millionaire Real Estate Investor [16:41 – 18:31} Book #3: Rich Dad Advisors: ABCs of Real Estate Investing[18:32 – 20:39} Book #4: Rich Dad Advisors: The Advanced Guide to Real Estate Investing[20:40 – 22:23} Book #5: The Book on Managing Rental Properties[22:24 – 26:10} Book #6: What Every Real Estate Investor Needs to Know About Cash Flow[26:11 – 29:21} Book #7: Rich Dad Advisors: Tax-Free Wealth[29:22 – 31:02} Book #8: Best Ever Apartment Syndication Book[31:03 – 32:49} Book #9: Raising Capital for Real Estate[32:50 – 36:06} Book #10: Passive Investing Made Simple[36:07 – 39:52] Closing With Book RecommendationReal Estate Finance and Investments Risks and Opportunities"I really want to drive this home the telling your brain that you can't do something versus asking your brain, How would I do? This is such a game-changing mindset shift." – Anthony Vicino"Still, like ABC's is the shallow end of the kiddie pool, and advanced is the deeper side, but it's the same pool, so it's going to feel like a lot of the same stuff." – Anthony Vicino"It's always the best way to test your knowledge of something. Just try to teach somebody else." - Dan Krueger "The tax piece seemed like it would be the most boring part. In reality, it was one of the most powerful parts and one of the most exciting parts." - Dan KruegerLEAVE A REVIEW if you liked this episode!!Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.To learn more, visit us at https://invictusmultifamily.com/**Want to learn more about investing with us?**We'd love to learn more about you and your investment goals. Please fill out this form and let's schedule a call: https://invictusmultifamily.com/contact/**Let's Connect On Social Media!**LinkedIn: https://www.linkedin.com/company/11681388/admin/Facebook: https://www.facebook.com/invictuscapitalventures/YouTube: https://bit.ly/2Lc0ctX

Welcome back to the Creative Capital Podcast with Josh Ferrari! In this episode, I welcome Alessandra Thompson! Alessandra Thompson is a 25-year-old real estate investor and large multifamily underwriter. From her experience in selling solar panels door-to-door to being a Senior Manager at a tech and marketing startup, she quickly realized that she needed to take control of her freedom. She recently closed on her FIRST deal - a 36 unit multifamily property in Little Rock, Arkansas. Her mission is to continue to scale her portfolio. She lives by the saying, “success lies on the other side of fear" and truly believes life begins when we step outside of our comfort zones.   In this episode, Alessandra tells us her story of taking the leap of faith - getting away from her 9 to 5 job to pursue the real estate industry - with the aims of attaining financial  and time freedom. In her journey, she shared how she quickly scaled up, the ways to find the right mentors, and how she developed the mindset transition to prepare herself for success. Join us and listen in! [00:01 - 09:30] Introduction     An overview of the episode Welcoming Alessandra to the show Alessandra shares her background Shifting from 9 to 5 to real estate Her target to attain financial freedom Learning multifamily and finding mentors   [09:31 - 24:17] The Mindset Transition: What it Takes to Scale Up   Why you don't need to know everything Leaning on mentors Perception on bumps on the road The mindset transition Going into a different zone Exploring the contractor space Embracing the day to day tasks Facing hurdles Tackling miscommunication in property management Dealing with tenants The holistic transition Recognizing the need to act now Refusing stagnancy Unlocking a new part of yourself Alessandra shares her story on going out of state Providing opportunities, not asking for money Passing the barrier to entry Alessandra shares her goals   [24:18 - 33:04] The Pod Decks Segment   What is the most embarrassing thing that has happened to you this year? Do you sing in the shower? [33:05 - 42:23] The Core Four   What is your favorite real estate-related book? What Every Real Estate Investor Needs to Know About Cash Flow (link below)  What do you think your unique skill is that helped you become successful? Just going for it Tell me something that's true about real estate that almost nobody agrees with you on You can go for whatever asset you want to What one piece of advice would you give the listeners wanting to succeed in real estate investing? You don't have to know all of the steps, just take action Connect with Alessandra! A summary of the episode Closing words Key Quotes:    “All those little mistakes that you've made, that you wish you never made, they really helped formulate you, grow you, and mold you into what you are today and what you will be in the future.” - Josh Ferrari   “I enjoy the chaos, I've realized that if it were going smoothly, I would like it to go smoothly. But I'm also getting so many learning lessons just by having these bumps in the road. And so when this does happen, for the next property, I'm more aware of what to do, and I have the knowledge to back myself up.” - Alessandra Thompson   “I think that taking risks and pushing yourself to do things that you maybe aren't comfortable with is the key to success. Because each time you do that you unlock a new part of yourself that you didn't realize was within you, and you don't even know where else that could lead.” - Alessandra Thompson Resources Mentioned: What Every Real Estate Investor Needs to Know About Cash Flow by Frank Gallinelli Connect with Alessandra via her email, Instagram, and LinkedIn! You can reach and connect with me on Facebook, LinkedIn, Instagram, and Youtube  For more information about Ferrari Capital visit us on our website https://www.ferraricapital.com   SUBSCRIBE to this podcast for more episodes on how to create your own future through smart and lucrative investments.  LEAVE A 5-STAR REVIEW and share this podcast with someone you know who wants to experience massive growth and success in their business.   Listen to our previous episodes here 

Frank Gallinelli founded RealData, Inc. (realdata.com) in 1981 to provide analysis software for real estate investors and developers. He is the author of "What Every Real Estate Investor Needs to Know About Cash Flow..." (McGraw-Hill, 2004; 2nd Edition, 2008, 3rd Edition, 2015), "Mastering Real Estate Investment - Examples, Metrics and Case Studies," (RealData, 2008), "10 Commandment for Real Estate Investors," (RealData, 2012) and "Insider Secrets To Financing Your Real Estate Investments" (Mc-Graw-Hill, 2004). In this episode, we talked about how he started in real estate, how real estate analysis and interpreting metrics can help real estate investors, the idea behind the software Realdata, Inc., cap rate, income stream, internal rate of return and cash flow and MANY MORE! Quotes: “Income-producing property is its value to an investor is a function of its ability to cash flow. So if you can increase the cash flow of a property, you can increase the value of the property.” “But if you're an investor, maybe you want to be thinking not about a point in time, but about the long-term building of wealth and have to look at not only the performance of the property currently but what is the potential performance of the property over time.” Resources and Links: https://www.realdata.com/ What Every Real Estate Investor Needs to Know About Cash Flow... And 36 Other Key Financial Measures

In this week's PCI Teaches, we break down 10 books to read to get started in Real Estate Investing. Check them out below: 1. Rich Dad Poor Dad by Robert Kiyosaki2. Secrets of the Millionaire Mind by T. Harv Eker3. Can't Hurt Me by David Goggins4. Your VA Loan: How It Can Make You a Millionaire by Phil Capron5. Raising Private Capital by Matt Faircloth6. Financial Freedom with Real Estate Investing by Michael Blank7. Best Ever Apartment Syndication Book by Joe Fairless8. Long Distance Real Estate Investing by David Greene9. What Every Real Estate Investor Needs to Know About Cashflow by Frank Gallinelli10. The Book on Tax Strategies for the Savvy Real Estate Investor by Amanda Han and Matthew MacFarland Catch you next time on the Lessons in Real Estate Show!

In this episode, you'll learn: The use of credit cards in real estate How to buy/remodel real estate using credit card hacks Pros and cons to using a credit card to fund a renovation Using credit cards is easy accounting. Its hard to lose track as it will show all purchases on the statements How to identify scam credit card mail offers How to utilize additional users to increase credit score Book recommendation- What Every Real Estate Investor Needs to Know About Cash Flow 36 Other Key Financial Measures by Frank Gallinelli Podcasting recommendation: Ready. Set. Go.  Real Estate Investing Podcast To connect with Brandon, please visit: Facebook-Brandon Elliott Instagram-Brandon Elliott brandonelliottinvestments.com Sponsor: Please visit Apartment Investing Show Youtube Channel. Subscribe and hit the golden bell icon! *And please go to iTunes to leave us a rating and write a review. Each review helps us reach a larger audience with your episode (Creative Real Estate Podcast)

Jason Hartman talks today with Frank Gallinelli, founder and President of Real Data and author of the book What Every Real Estate Investor Needs to Know About Cash Flow & 36 Other Key Financial Measures, about what metrics Frank finds the most important for single family home investors to pay attention to. They also discuss the "holy grail" metric that investors should be using and when you actually SHOULDN'T invest in real estate. Key Takeaways: [1:53] What are the core metrics that real estate investors should be looking at? [6:39] You should try and forecast best case, worst case, and in-between case for your properties [8:02] What is discounted cash flow? [10:36] The holy grail metric is still IRR (Internal Rate of Return) [12:26] A different way to view Return on Equity [15:59] Is there a time where it doesn't make sense to acquire properties? [21:44] Education is absolutely vital to being a good investor Website: www.RealData.com

Jason Hartman talks today with Frank Gallinelli, founder and President of Real Data and author of the book What Every Real Estate Investor Needs to Know About Cash Flow & 36 Other Key Financial Measures, about what metrics Frank finds the most important for single family home investors to pay attention to. They also discuss the "holy grail" metric that investors should be using and when you actually SHOULDN'T invest in real estate. Key Takeaways: [1:53] What are the core metrics that real estate investors should be looking at? [6:39] You should try and forecast best case, worst case, and in-between case for your properties [8:02] What is discounted cash flow? [10:36] The holy grail metric is still IRR (Internal Rate of Return) [12:26] A different way to view Return on Equity [15:59] Is there a time where it doesn't make sense to acquire properties? [21:44] Education is absolutely vital to being a good investor Website: www.RealData.com

Jason Hartman talks today with Frank Gallinelli, founder and President of Real Data and author of the book What Every Real Estate Investor Needs to Know About Cash Flow & 36 Other Key Financial Measures, about what metrics Frank finds the most important for single family home investors to pay attention to. They also discuss the "holy grail" metric that investors should be using and when you actually SHOULDN'T invest in real estate. Key Takeaways: [1:56] What are the core metrics that real estate investors should be looking at? [6:41] You should try and forecast best case, worst case, and in-between case for your properties [8:04] What is discounted cash flow? [10:39] The holy grail metric is still IRR (Internal Rate of Return) [12:28] A different way to view Return on Equity [16:01] Is there a time where it doesn't make sense to acquire properties? [21:46] Education is absolutely vital to being a good investor Website: www.RealData.com www.VentureAllianceMastermind.com

Jason Hartman talks today with Frank Gallinelli, founder and President of Real Data and author of the book What Every Real Estate Investor Needs to Know About Cash Flow & 36 Other Key Financial Measures, about what metrics Frank finds the most important for single family home investors to pay attention to. They also discuss the "holy grail" metric that investors should be using and when you actually SHOULDN'T invest in real estate. Key Takeaways: [4:30] One of the costliest mistakes Jason has made in his life Frank Gallinelli Interview: [6:23] What are the core metrics that real estate investors should be looking at? [11:09] You should try and forecast best case, worst case, and in-between case for your properties [12:32] What is discounted cash flow? [15:07] The holy grail metric is still IRR (Internal Rate of Return) [16:56] A different way to view Return on Equity [20:29] Is there a time where it doesn't make sense to acquire properties? [26:14] Education is absolutely vital to being a good investor Website: www.JasonHartman.com/Cruise www.RealData.com www.VentureAllianceMastermind.com

Jason Hartman talks today with Frank Gallinelli, founder and President of Real Data and author of the book What Every Real Estate Investor Needs to Know About Cash Flow & 36 Other Key Financial Measures, about what metrics Frank finds the most important for single family home investors to pay attention to. They also discuss the "holy grail" metric that investors should be using and when you actually SHOULDN'T invest in real estate. Key Takeaways: [4:30] One of the costliest mistakes Jason has made in his life Frank Gallinelli Interview: [6:23] What are the core metrics that real estate investors should be looking at? [11:09] You should try and forecast best case, worst case, and in-between case for your properties [12:32] What is discounted cash flow? [15:07] The holy grail metric is still IRR (Internal Rate of Return) [16:56] A different way to view Return on Equity [20:29] Is there a time where it doesn't make sense to acquire properties? [26:14] Education is absolutely vital to being a good investor Website: www.JasonHartman.com/Cruise www.RealData.com www.VentureAllianceMastermind.com

“Investing should be more like watching paint dry or watching grass grow. If you want excitement, take $800 and go to Vegas.” — Paul Samuelson Many people dream of becoming millionaires, but aren’t sure how to build their fortunes. In this episode, Brian shares what he’s learned on his journey to becoming a millionaire, including the one decision he made when he set out to increase his wealth.   You’ll learn why patience pays off, get five tips to help you get started on your journey to becoming a millionaire and receive timeless information that will help you invest in real estate, stocks and bonds, or other investments. Start building your fortune today by listening to this episode.   Inspirational quotes from today’s interview: “Compound interest is the eighth wonder of the world. He who understands it, earns it…he who doesn’t, pays it.” — Albert Einstein “A poor person in America is considered rich by world standards.” — Brian Buffini “We’re spending money we don’t have on things we don’t need to impress people we don’t know.” — Brian Buffini “Wall Street is the only place people ride to in a Rolls Royce to get advice from those who take the subway.” — Warren Buffett “Know what you own and know why you own it.” — Peter Lynch “Never stop investing. Never stop improving. Never stop doing something new.” — Bob Parsons “When you focus on one, you can get the other.” — Brian Buffini “Don’t wait to buy real estate, buy real estate and wait.” — Will Rogers “Real estate cannot be lost or stolen, nor can it be carried away. Purchased with common sense, paid for in full and managed with reasonable care, it is about the safest investment in the world.” — Franklin D. Roosevelt “Ninety percent of all millionaires become so from owning real estate. More money has been made in real estate than in all industrial investments combined.” — Andrew Carnegie “Buy land, they’re not making it anymore.” — Mark Twain “The best type of real estate in the world is owned free and clear.” — Brian Buffini “If a man empties his purse into his head, no one can take it from him.” — Benjamin Franklin “You can’t do a good deal with a bad person.” — Warren Buffett “You’re only as good as the people you do business with.” — Brian Buffini “Entrepreneurship is living a few years of your life like most people won’t, so that you can spend the rest of your life like most people can’t.” — Anonymous   Mentioned in this episode: What Every Real Estate Investor Needs to Know About Cash Flow by Frank Gallinelli   “Compound interest is the eighth wonder of the world. He who understands it, earns it…he who doesn’t, pays it.” — Albert Einstein “A poor person in America is considered rich by world standards.” — Brian Buffini “We’re spending money we don’t have on things we don’t need to impress people we don’t know.” — Brian Buffini “Wall Street is the only place people ride to in a Rolls Royce to get advice from those who take the subway.” — Warren Buffett “Know what you own and know why you own it.” — Peter Lynch “Never stop investing. Never stop improving. Never stop doing something new.” — Bob Parsons “When you focus on one, you can get the other.” — Brian Buffini “Don’t wait to buy real estate, buy real estate and wait.” — Will Rogers “Real estate cannot be lost or stolen, nor can it be carried away. Purchased with common sense, paid for in full and managed with reasonable care, it is about the safest investment in the world.” — Franklin D. Roosevelt “Ninety percent of all millionaires become so from owning real estate. More money has been made in real estate than in all industrial investments combined.” — Andrew Carnegie “Buy land, they’re not making it anymore.” — Mark Twain “The best type of real estate in the world is owned free and clear.” — Brian Buffini “If a man empties his purse into his head, no one can take it from him.” — Benjamin Franklin “You can’t do a good deal with a bad person.” — Warren Buffett “You’re only as good as the people you do business with.” — Brian Buffini “Entrepreneurship is living a few years of your life like most people won’t, so that you can spend the rest of your life like most people can’t.” — Anonymous

The only way to win the real estate investing game is by mastering the numbers. If you’re truly interested in real estate investing then you must first realize that investing in income properties is all about the numbers. It’s about discounted cash flow and rates of return and net operating income and cap rates. If you understand how these and other key concepts work, then you’re on your way to success – and that’s exciting. Our guest, Frank Gallinelli is the author of the best-selling book, “What Every Real Estate Investor Needs to Know About Cash Flow… ” now in its third edition, as well as other books and numerous articles on real estate investing and finance. A graduate of Yale University, he serves as Adjunct Assistant Professor of Real Estate Development at Columbia University. Frank has been involved in real estate for more than 40 years and is the founder president of RealData, a real estate software firm that has provided analysis and presentation tools for investors and developers since 1982. What Every Real Estate Investor Needs to Know About Cash Flow… And 36 Other Key Financial Measures can be purchased on Amazon.com. If you missed last week’s episode, be sure to listen to Increasing Cash-Flow, Deferring Taxes and Reducing Risk using a 1031 Exchange. Enjoy the show! – – – – – – – – – – – – – – Download your FREE copy of: The Ultimate Guide to Passive Real Estate Investing. Get your FREE coffee mug by leaving us a Rating and Review on iTunes. Here’s how. See our available Turnkey Cash-Flow Rental Properties. Please give us a RATING & REVIEW (Thank you!) SUBSCRIBE on iTunes | Stitcher | Podcast Feed Learn more about your ad choices. Visit megaphone.fm/adchoices

Frank Gallinelli is a nationally recognized real estate expert, bestselling author of multiple books on the subject of Real Estate, a professor in real estate analysis at the prestigious Columbia University and the founder of Real Data, Inc. – a software solutions provider to real estate investors and developers. In this interview, Frank walks us methodically through the process of how to effectively analyze and evaluate your real estate deals with laser accuracy. And as an added bonus – Frank will be giving away an autographed copy of his bestselling book “What Every Real Estate Investor Needs to Know About Cash Flow” to one very lucky listener. To find out how to enter into the contest, you’ll have to listen to our interview with Frank. Here's what you'll learn in this interview with Frank: The key financial meausres to accurately avaluate any real estate deal How to gather are necessary market data to make an educated real estate acquisition How to become a "financial detective" and uncover the truth behind what the seller is telling you Wht the time value of money is so important in all real estate decisions And much more... · ·   ·